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Globant (Globant) Construction In Progress

: $8 Mil (As of Dec. 2023)
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Globant's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($8 Mil).

Globant's annual construction in progress declined from Dec. 2021 ($63 Mil) to Dec. 2022 ($59 Mil) and declined from Dec. 2022 ($59 Mil) to Dec. 2023 ($8 Mil).

Globant Construction In Progress Historical Data

The historical data trend for Globant's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Globant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.17 49.80 62.61 59.17 7.54

Globant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Construction In Progress Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.17 - - - 7.54

Globant Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Globant (Globant) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (NYSE:GLOB) » Definitions » Construction In Progress
Comparable Companies
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Traded in Other Exchanges
2G2:Germany 2G2:Germany
Address
37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Website
https://www.globant.com
Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.